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Market Research Report

Global Plastic Ready Meal Trays Market Size study, By Material, By Molding Technology, By Tray Type, By End Use, and Regional Forecasts 2020-2027

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Global Plastic Ready Meal Trays Market Size study, By Material, By Molding Technology, By Tray Type, By End Use, and Regional Forecasts 2020-2027
Published: August 28, 2020 Content info:
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Title:
Global Plastic Ready Meal Trays Market Size study, By Material (Polypropylene [PP], Polyethylene Terephthalate [PET], and Others), By Molding Technology (Injection Molding and Thermoformed Molding), By Tray Type (Single Cavity and Multi Cavity), By End Use (Food Producers & Processors, Restaurants, Catering Services, Food Courts, and Online Food Delivery), and Regional Forecasts 2020-2027.

Global Plastic Ready Meal Trays Market is valued approximately at USD XX billion in 2019 and is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2020-2027. Plastic ready-to-eat trays are high-quality trays that possess strength, elegance, consistency, durability, and eco-friendly properties. These lightweight and recyclable ready-to - eat plastic trays are mainly used in the food and food service sector for packaging during storage and transit of a wide range of food products. Demand for ready-to-eat food products is seeing a high increase in metros, where a lot of working people do not have enough time to cook their meals properly. Ready-to-eat trays are frequently used in food service and catering (including airline catering) industries. Changing dietary habits also contributed to a greater tolerance of ready-to - eat products, guided by growing demand for convenience food. Growing competition for versatile packaging alternatives for differentiating consumer items on the grounds of characteristics such as kosher, medical, herbal and seasonal goods is also apparent in the global sector for ready-to -carry consumer trays. Moreover, fully recyclable ready-to - eat trays are becoming increasingly common across various industries. Increasing the productivity of the supply chain, that the risk of damage and improving health are some of the factors boosting demand for ready-to-eat trays. The food industry is moving rapidly towards the adoption of fully recyclable ready-to - eat trays. The European Union has also recently announced its new policy agenda with the aim of making all plastic packaging on the EU market reusable and recyclable by 2030. Manufacturers in the plastic tray industry are producing fully recyclable ready-to-eat trays instead of Omni-recyclable ready-to - eat trays. However, the continuing competition from both the government and customers has raised the need for cost-effective, plastic-free food packaging. Plant and fiber-based ready-to - eat trays are also expected to achieve significant popularity. Apart from the reality that major corporations are slowly transitioning from plastic to other substitutes, several start-ups have joined the category, which are associated with non-plastic packaging. However, various plastic ready meal trays are not recyclable with causes environment concerns which could further hamper the market growth. For instance, According to Recoup's figures, around 525,000 tonnes of plastic pots, tubs and trays are used by households in the UK every year, but only 169,000 tonnes of this waste is collected for recycling.

The regional analysis of global Plastic Ready Meal Trays Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America account for the major market share in the industry due to the increasing change from plastic bottles to Plastic Ready Meal Trays in the healthcare market, along with the increasing need for processed food items in the region.

Major market player included in this report are:

Quinn Packaging

Genpak, LLC

Faerch

Sealed Air Corporation

Sonoco Products

Sabert Corporation

Bemis (Amcor)

Portage Plastics Corporation

MCP Performance Plastic Ltd

Silver Plastics

CiMa-Pak

Huhtamaki

Versatile Packaging

CMActive

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Material:

Polypropylene (PP)

Polyethylene Terephthalate (PET)

Others

By Moulding Technology:

Injection Moulding

Thermoformed moulding

By Tray Type:

Single Cavity

Multi Cavity

By End-Use:

Food Producers & Processors

Restaurants

Catering Services

Food Courts (In malls, Airports, Multiplexes, Railways, etc.)

Online Food Delivery

By Region:

North America

U.S.

Canada

Europe

UK

Germany

France

Spain

Italy

ROE

Asia Pacific

China

India

Japan

Australia

South Korea

RoAPAC

Latin America

Brazil

Mexico

Rest of the World

Furthermore, years considered for the study are as follows:

Historical year - 2017, 2018

Base year - 2019

Forecast period - 2020 to 2027

Target Audience of the Global Plastic Ready Meal Trays Market in Market Study:

Key Consulting Companies & Advisors

Large, medium-sized, and small enterprises

Venture capitalists

Value-Added Resellers (VARs)

Third-party knowledge providers

Investment bankers

Investors

Table of Contents

Table of Contents

Chapter 1. Executive Summary

  • 1.1. Market Snapshot
  • 1.2. Global & Segmental Market Estimates & Forecasts, 2018-2027 (USD Million)
    • 1.2.1. Plastic Ready Meal Trays Market, by Region, 2018-2027 (USD Million)
    • 1.2.2. Plastic Ready Meal Trays Market, by Material, 2018-2027 (USD Million)
    • 1.2.3. Plastic Ready Meal Trays Market, by Moulding Technology, 2018-2027 (USD Million)
    • 1.2.4. Plastic Ready Meal Trays Market, by Tray Type, 2018-2027 (USD Million)
    • 1.2.5. Plastic Ready Meal Trays Market, by End-Use, 2018-2027 (USD Million)
  • 1.3. Key Trends
  • 1.4. Estimation Methodology
  • 1.5. Research Assumption

Chapter 2. Global Plastic Ready Meal Trays Market Definition & Scope

  • 2.1. Objective of the Study
  • 2.2. Market Definition & Scope
    • 2.2.1. Scope of the Study
    • 2.2.2. Industry Evolution
  • 2.3. Years Considered for the Study
  • 2.4. Currency Conversion Rates

Chapter 3. Global Plastic Ready Meal Trays Market Dynamics

  • 3.1. Plastic Ready Meal Trays Market Impact Analysis (2018-2027)
    • 3.1.1. Market Drivers
    • 3.1.2. Market Challenges
    • 3.1.3. Market Opportunities

Chapter 4. Global Plastic Ready Meal Trays Market: Industry Analysis

  • 4.1. Porter's 5 Force Model
    • 4.1.1. Bargaining Power of Suppliers
    • 4.1.2. Bargaining Power of Buyers
    • 4.1.3. Threat of New Entrants
    • 4.1.4. Threat of Substitutes
    • 4.1.5. Competitive Rivalry
    • 4.1.6. Futuristic Approach to Porter's 5 Force Model (2017-2027)
  • 4.2. PEST Analysis
    • 4.2.1. Political
    • 4.2.2. Economical
    • 4.2.3. Social
    • 4.2.4. Technological
  • 4.3. Investment Adoption Model
  • 4.4. Analyst Recommendation & Conclusion

Chapter 5. Global Plastic Ready Meal Trays Market, by Material

  • 5.1. Market Snapshot
  • 5.2. Global Plastic Ready Meal Trays Market by Material, Performance - Potential Analysis
  • 5.3. Global Plastic Ready Meal Trays Market Estimates & Forecasts by Material, 2017-2027 (USD Million)
  • 5.4. Plastic Ready Meal Trays Market, Sub Segment Analysis
    • 5.4.1. Polypropylene (PP)
    • 5.4.2. Polyethylene Terephthalate (PET)
    • 5.4.3. Others

Chapter 6. Global Plastic Ready Meal Trays Market, by Moulding Technology

  • 6.1. Market Snapshot
  • 6.2. Global Plastic Ready Meal Trays Market by Moulding Technology, Performance - Potential Analysis
  • 6.3. Global Plastic Ready Meal Trays Market Estimates & Forecasts by Moulding Technology 2017-2027 (USD Million)
  • 6.4. Plastic Ready Meal Trays Market, Sub Segment Analysis
    • 6.4.1. Injection Moulding
    • 6.4.2. Thermoformed moulding

Chapter 7. Global Plastic Ready Meal Trays Market, by Tray Type

  • 7.1. Market Snapshot
  • 7.2. Global Plastic Ready Meal Trays Market by Tray Type, Performance - Potential Analysis
  • 7.3. Global Plastic Ready Meal Trays Market Estimates & Forecasts by Tray Type 2017-2027 (USD Million)
  • 7.4. Plastic Ready Meal Trays Market, Sub Segment Analysis
    • 7.4.1. Single Cavity
    • 7.4.2. Multi Cavity

Chapter 8. Global Plastic Ready Meal Trays Market, by End-Use

  • 8.1. Market Snapshot
  • 8.2. Global Plastic Ready Meal Trays Market by End-Use, Performance - Potential Analysis
  • 8.3. Global Plastic Ready Meal Trays Market Estimates & Forecasts by End-Use 2017-2027 (USD Million)
  • 8.4. Plastic Ready Meal Trays Market, Sub Segment Analysis
    • 8.4.1. Food Producers & Processors
    • 8.4.2. Restaurants
    • 8.4.3. Catering Services
    • 8.4.4. Food Courts (In malls, Airports, Multiplexes, Railways, etc.)
    • 8.4.5. Online Food Delivery

Chapter 9. Global Plastic Ready Meal Trays Market, Regional Analysis

  • 9.1. Plastic Ready Meal Trays Market, Regional Market Snapshot
  • 9.2. North America Plastic Ready Meal Trays Market
    • 9.2.1. U.S. Plastic Ready Meal Trays Market
      • 9.2.1.1. Material breakdown estimates & forecasts, 2017-2027
      • 9.2.1.2. Moulding Technology breakdown estimates & forecasts, 2017-2027
      • 9.2.1.3. Tray Type breakdown estimates & forecasts, 2017-2027
      • 9.2.1.4. End-Use breakdown estimates & forecasts, 2017-2027
    • 9.2.2. Canada Plastic Ready Meal Trays Market
  • 9.3. Europe Plastic Ready Meal Trays Market Snapshot
    • 9.3.1. U.K. Plastic Ready Meal Trays Market
    • 9.3.2. Germany Plastic Ready Meal Trays Market
    • 9.3.3. France Plastic Ready Meal Trays Market
    • 9.3.4. Spain Plastic Ready Meal Trays Market
    • 9.3.5. Italy Plastic Ready Meal Trays Market
    • 9.3.6. Rest of Europe Plastic Ready Meal Trays Market
  • 9.4. Asia-Pacific Plastic Ready Meal Trays Market Snapshot
    • 9.4.1. China Plastic Ready Meal Trays Market
    • 9.4.2. India Plastic Ready Meal Trays Market
    • 9.4.3. Japan Plastic Ready Meal Trays Market
    • 9.4.4. Australia Plastic Ready Meal Trays Market
    • 9.4.5. South Korea Plastic Ready Meal Trays Market
    • 9.4.6. Rest of Asia Pacific Plastic Ready Meal Trays Market
  • 9.5. Latin America Plastic Ready Meal Trays Market Snapshot
    • 9.5.1. Brazil Plastic Ready Meal Trays Market
    • 9.5.2. Mexico Plastic Ready Meal Trays Market
  • 9.6. Rest of The World Plastic Ready Meal Trays Market

Chapter 10. Competitive Intelligence

  • 10.1. Top Market Strategies
  • 10.2. Company Profiles
    • 10.2.1. Amcor PLC
      • 10.2.1.1. Key Information
      • 10.2.1.2. Overview
      • 10.2.1.3. Financial (Subject to Data Availability)
      • 10.2.1.4. Industry Summary
      • 10.2.1.5. Recent Developments
    • 10.2.2. Quinn Packaging
    • 10.2.3. Genpak, LLC
    • 10.2.4. Faerch
    • 10.2.5. Sealed Air Corporation
    • 10.2.6. Sonoco Products
    • 10.2.7. Sabert Corporation
    • 10.2.8. Portage Plastics Corporation
    • 10.2.9. MCP Performance Plastic Ltd
    • 10.2.10. Silver Plastics
    • 10.2.11. CiMa-Pak
    • 10.2.12. Huhtamaki
    • 10.2.13. Versatile Packaging
    • 10.2.14. CMActive

Chapter 11. Research Process

  • 11.1. Research Process
    • 11.1.1. Data Mining
    • 11.1.2. Analysis
    • 11.1.3. Market Estimation
    • 11.1.4. Validation
    • 11.1.5. Publishing
  • 11.2. Research Attributes
  • 11.3. Research Assumption

LIST OF FIGURES

  • FIG 1. GLOBAL PLASTIC READY MEAL TRAYS MARKET, RESEARCH METHODOLOGY
  • FIG 2. GLOBAL PLASTIC READY MEAL TRAYS MARKET, MARKET ESTIMATION TECHNIQUES
  • FIG 3. GLOBAL MARKET SIZE ESTIMATES & FORECAST METHODS
  • FIG 4. GLOBAL PLASTIC READY MEAL TRAYS MARKET, KEY TRENDS 2019
  • FIG 5. GLOBAL PLASTIC READY MEAL TRAYS MARKET, GROWTH PROSPECTS 2020-2027
  • FIG 6. GLOBAL PLASTIC READY MEAL TRAYS MARKET, PORTERS 5 FORCE MODEL
  • FIG 7. GLOBAL PLASTIC READY MEAL TRAYS MARKET, PEST ANALYSIS
  • FIG 8. GLOBAL PLASTIC READY MEAL TRAYS MARKET, VALUE CHAIN ANALYSIS
  • FIG 9. GLOBAL PLASTIC READY MEAL TRAYS MARKET BY SEGMENT, 2017 & 2027 (USD MILLION)
  • FIG 10. GLOBAL PLASTIC READY MEAL TRAYS MARKET BY SEGMENT, 2017 & 2027 (USD MILLION)
  • FIG 11. GLOBAL PLASTIC READY MEAL TRAYS MARKET BY SEGMENT, 2017 & 2027 (USD MILLION)
  • FIG 12. GLOBAL PLASTIC READY MEAL TRAYS MARKET BY SEGMENT, 2017 & 2027 (USD MILLION)
  • FIG 13. GLOBAL PLASTIC READY MEAL TRAYS MARKET BY SEGMENT, 2017 & 2027 (USD MILLION)
  • FIG 14. GLOBAL PLASTIC READY MEAL TRAYS MARKET, REGIONAL SNAPSHOT 2017 & 2027
  • FIG 15. NORTH AMERICA PLASTIC READY MEAL TRAYS MARKET 2017 & 2027 (USD MILLION)
  • FIG 16. EUROPE PLASTIC READY MEAL TRAYS MARKET 2017 & 2027 (USD MILLION)
  • FIG 17. ASIA PACIFIC PLASTIC READY MEAL TRAYS MARKET 2017 & 2027 (USD MILLION)
  • FIG 18. LATIN AMERICA PLASTIC READY MEAL TRAYS MARKET 2017 & 2027 (USD MILLION)
  • FIG 19. GLOBAL PLASTIC READY MEAL TRAYS MARKET, COMPANY MARKET SHARE ANALYSIS (2019)
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